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Lakshmi Machine Works incorporates wholly owned subsidiary company

18 Mar 2021 Evaluate

Lakshmi Machine Works has incorporated a wholly owned subsidiary company named ‘LMW Aerospace Industries’ on March 16, 2021. Incorporation of a wholly owned subsidiary is to enable selective focus upon Company's aerospace related activities.

Lakshmi Machine Works is engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings and parts and components for Aero space industry. The company caters to both domestic and international markets.

Peers
Company Name CMP
LMW 16119.80
Lohia Corp 631.35
Stovec Industries 1506.80
Veejay Lakshmi Engg 39.94
Indian Card Clothing 179.70
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